Question 1

Management has added a requirement to segregate the duties of transferring journals to the General Ledger from the posting function. Which two new features allow this segregation? (Choose two.)

Options :

A : Uncheck the Enable Posting from the Manage Subledger Accounting Options task.

B : Journal entry spreadsheets are not impacted by this new function.

C : Must have separate user defined roles using the privilegeXLA_CREATE_GENERAL_LEDGER_AND_SUBLEDGER _JOURNALS.

D : For previously scheduled automated processes, it is recommended to cancel and rescheduled the process for the option to be effective.

Answer: A,D

Question 2

Your customer is planning to have three balancing segments for generating balance sheets and incomestatements at cost center segment and program segment levels.D18912E1457D5D1DDCBD40AB3BF70D5DWhich two recommendations would you give your customer? (Choose two.)

Options :

A : Additional intercompany rules will need to be defined for the two additional balancing segments

B : Every journal where debits do not equal credits across the three balancing segments will result in the system generating extra journal lines to balance the entry

C : Additional intercompany balancing and clearing options will need to be defined

D : When entering journals manually, the customer will need to make sure that debits and credits are equal across all balancing segments because the system will not automatically balance the journal

Answer: A,B

Question 3

The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability. Where must you define the details while analyzing budget balances in the Budget Account Monitor page?

Options :

A : Budget Controller

B : Budget Group

C : Account Group

D : Budget Account Group

E : Application Development Framework Desktop Integration (ADFdi)

Answer: C

Question 4

You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason?

Options :

A : Two tree versions were not defined

B : An Audit process needs to be successfully performed before a tree version can be set to Active

C : Accounting Configuration was not submitted

D : Chart of accounts was not deployed

Answer: B

Question 5

You are setting up Close Monitor and want to view high-level profit and loss results for each ledger. What should you associate with the ledger set to achieve this?

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